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president mohamed morsi. president obama tonight appears to be assuming role of the great appeaser in the middle east. in northern africa and south asia, willing, it seems, to negotiate american interests and the interests of our allies with the taliban to in some interests directly affiliated with groups in al qaeda and muslim brotherhood for a significant if not dominant role in the egyptian government. we'll be exploring throughout the region the degree to which the obama foreign policy is responsible and whether this administration cannot successfully play a struktive role in support of egypt's secular military and in the shaping of a new democratic government with or without the muslim brotherhood and any forthcoming governing coalition. our foreign policy expert will also take on the issue of why mr. obama wants the muslim brotherhood's participation despite the objections of the secular military and other elements of the egyptian governing coalition. this is where things stand tonight in egypt. the interim government came into power after the removal of mohamed morsi, an dev
,. >>> good evening, everybody. thank you for being with us. barack obama as senator and candidate often mocked the foreign policy of president george w. bush. but as president himself, obama cannot escape his mounting foreign policy folies and he and his administration and the american people are now bearing the embarssing consequences.% . former egyptian president hosni mubarak, president obama helped force him from power more than two years ago, today was ordered to be released from prison by an egyptian court. to be released within 48 hours. mubarak's release is another slap in the face for mr. obama. it follows the ouster of the muslim brotherhood from power and mr. obama's president of choice, mohamed morsi. the violent and deadly clashes between the military-run government and muslim brotherhood and, in fact, -- have backed protest to the wall and they are responding. continuing with violence and all likelihood this friday wn morsi supporters reportedly will conduct what tey call a day of martyrs. and no relief for president obama in syria either. assad opposition forces claiming
citizens and u.s.ersonnel. although the obama administration to them a clear there would prefer that i use a different wordd here is state department spokesperson quibbli with the press over the use of the word evacuate and insist the teeseven system and is planning with the obama administration sees on a cigna -- as a significant of its maturing in ecuation and with the adnistration is now calling and ordered departure. >> cl with the use of the word evacuate. >> it's a technical term. >> is it? i think it is i nontechnical term. ordered departure is the technical term. so if you -- >> if y look up in the dictionary definition. >> what would you call if you are suddenly told you have to leave and a plan is flawed man. forced to get on and leave. >> and ordered departure. lou: the etymological nonsense did not end there. keep all the warnings to american citizens not to travel to yemen and to those there to leave immediately to the nothing more than a travel advisory and the obama administration shows to update it this very morning. declaring that advisory has been in effect for 11 years,
? i think bad numbers and bad policies are sinking that scenario. former obama adviser austan goolsbee is going to defend his man, but wisconsin governor scott walker will be here and take goolsbee to the woodshed. also, is obama man larry summers really jacking up on rates and knocking down stock prices? will he really be a tighter-fisted fed chairman than janet yellin? the markets seem to think so. but wasn't summers the big trillion-dollar stimulus spending guy in obama's first term? and speaking of fears, has team obama totally botched the egypt situation? there can be no compromise here, folks. american interests lie with the egyptian army, not with the radical and terrorist muslim brotherhood. all those stories and much more coming up this evening on "the kudlow report." beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." first up tonight, after delivering a number of economic growth speeches this summer, president obama has still failed to provide any economic growth message. in fact, the tax, spend, and mandate obama care plan is a hu
house ordered abroad evacuation of american citizens and u.s. personnel although the obama is administration in today made it clear they would prefer that i use a different word than evacuation. here is the state department spokesperson quibbling with the press over the use of the word evacuates and insisting on explaining what the obama ed ministrations sees as a significant difference between the evacuation and what the administration is now calling the ordered departure. >> i am curious what your quibbling with the word evacuate? >> it is a technical term. >> is a non technical term. >> i think you are looking at then dictionary. >> what would you call if you were told you have to leave and they force it o the plane? >> it is called the order departure that arabs live in the arabian peninsula that despite the claims they had decimated al qaeda and other regions. >> i would point to a couple of things. the leadership of the al qaeda core has been weakened , decimated. pointing you to the president's speech just a few months ago where he talked about that on a path to defe
a great weekend. ♪ lou: thank you for being with us, president obama's middle east policies are no more coherent tonight than two and a half years ago when he insisted on mubarak's departure from power. the administration's lack of a clear foreign policy objetive in eggpt dpled to the overthrow of mubarak. the muslim brotherhood's asession to power, and now the secular military's removal of egyptian president morsi and the violent and deadly clashes between security forces and morsi supporters that have followed. the white house, again today refused to exj -- acknowledge whether they will continue to send ai to the egyptian government and mill their that reportely killed hundreds since the beginning of last week, and pro-morsi demonstrators are blamed for the death of dozens of police, security forces, and christians who blame the muslim brotherhood for the torching, looting, and destructn of as many as 40 coptic christian churches. he's been in prison for two years, and proximate result cleareddhim of a corruption chge, the former president's release stoking fears the muslim brotherhoo
, bob and andrea go head-to-head over an obama care poll that will leave you absolutely stunned. wait until you hear what 92% of federal government employees had to say about the president's health care overhaul. by the way, they don't want it. >>> and later, it's come to this. the naacp is actually calling for the secret service and the obama justice department to investigate this rodeo clown. is that how you want your tax dollars spent? we have a heated "hannity" debate. it's still ahead. you get to select today's video of the day. option number one is the second and third installments of the rnc's viral video assault on hillary clinton. >> the investment firm seeking those investor visas is run by mrs. clinton's brother anthony rodham. >> you know, i bet 've be in th arena for a long time. i have a lot of baggage. llion t are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is go
that the syrian government has used chemical weapons against civilians, president obama has asked the department of defense to prepare a variety of military options in response to the situation in syria. at least two senators are also calling for military action. elizabeth prann is following the latest on that. >> hi, shan n no. president obama and the international community has said the damage has been done. this as they agreed to allow inspectors to the outskirts of the city of damascus where the alleged chemical weapons were deployed. a senior u.s. official says it leads to a lack of credibility which begs the question what action if any will the president make? the officials say the president is waiting to make an informed decision about how to respond. some lawmakers say it is time to take action now. >> we have to act rather quickly. i think the horrific killings of people, murdering his own people and he has been doing it for awhile now, but obviously the gas that was used to kill his own people, i think we have to respond. rehave to respond in -- we have to respond in conjunction with o
been killed within the last 24 hours. president obama made a statement on the deteriorating situation from martha's vineyard earlier today. >> the united states strongly condemns the steps that have been taken by egypt's interim government and security forces. our traditional cooperation cannot continue as usual when civilians are being killed in the streets and rights are being rolled back. as a result, this morning, we notified the egyptian government that we are canceling our biannual joint military exercise which was scheduled for next month. i want to be clear that america wants to be a partner in the egyptian people's pursuit of a better future, but our partnership must also advance the principles that we believe in. >> bob, that was president obama earlier today. you worked at the state department. dealt with a lot of different crises over your time there and have watched many. is the president just caught between a rock and a hard place here and did he put himself in this position? >> i don't think he put himself in a position. it is a rock and hard place. interesting thing he
you for being with us. barack obama often mocks the foreign policy of president george w. bush. as president himself obama cannot escape his mounting foreign policy flies. and he and his administration and the american people are now bearing the embarrassing consequences. former egyptian president, president obama held for some from power more than two years ago. to the was ordered to be released from prison. he is to be released within 48 hours. his release is another slap in the face for mr. obama. follows the ouster of the muslim brotherhood from power and mr. obama's president of choice. the violence and deadly clashes between the military-run vernment and the muslim brotherhood and the protesters are now responding. continuing with violence in all likelihood this friday when supporters reportedly will conduct what they call a day of martyrs. and no relief for president obama in syria either. opposition forces climbing more than 1,000 civilians were killed in chemical gas attacks earlier today on the outskirts of damascus. the alleged attacks come exactly one year and one d
obama has asked the defense department to prepare options for all contingencies. we have done that. and again, we are prepared to exercise whatever option, if he decides to employ one of those options. >> we have two reports on these new developments. nbc news's kristen welker and amaa reporter also. >>> what's the latest and what are the options being considered. >> reporter: the white house, you're absolutely right, saying there's little doubt that chemical weapons were being used by the assad regime. they're reacting to the fact that the syrian government will let u.n. inspectors into the alleged site of the chemical weapons attack. the white house expressing concern that it could be too little too late. they say that area has been shelled for five straight days. here's a statement from the administration, an administration official, that we just got this morning. this avenue says, quote, at this juncture, any belated decision by the regime to gran access would be considered to late to be credible including because the evidence available has been significantly corrupted as a res
increases even before there was such a thing as obama care. if you look at the specific fees cited by u.p.s. as a reason for dropping them they are a pittance compared to what the rise in health care has been. it raises the question to me just because the possibility, because they are saying it's because obama care, maybe it's an opportunity for the company to save some money and pin it on something controversial. >> we should consider that this sort of thing should have been anticipated and very easy to blame the companies but in fact the policy may be flawed. a lot of companies, large franchise companies saying that their franchisees will most likely once obama care kicks in reduce flows fewer hours because of the health care costs. you would think when they were planning -- when they were planning for this they would have anticipated these sorts of things. there's this poll in july that the "wall street journal" did, the commission showed 47% of the american people is against obama care at this point. support for obama care is down to 34%. then these stories come out. you get the sen
in 16 countries across the middle east and all ordered closed by the obama administration. the obama foreign policy effectively closed for business in the middle east. citing threats from the terrorist groups that the president once declared to be on the run repeatedly during his campaign for reelection. the obama administration ordered the closing of those 19 embassies and consulates throughout the middle east for at least the rest of the week. and that is based on what lawmakers and administration sources are calling increased on-line chatter amongst al qaeda and it al qaeda affiliated groups. fox news confirming tonight that enter subject conversations between al qaeda had and his counterpart in yemen led to these closures. thanks to the president's spokesperson, those terrorist groups now know the administration's timetable for reopeeing the closed outposts. >> our current affirmation suggests that al qaeda and affiliated organizations continue to plan terrorist attacks in the region and beyond . and our information suggests that they may focus efforts to conduct attacks between
the time. lou: confident in her assessment that syria had already crossed that red line. the obama administration and responded. until a few moments later when she offered up this blatant contradiction. >> we still believe that they don't have the capability to use chemical weapons. that is not changed. again, looking into the facts on the ground. there's no reason if there is nothing to hide for the regime not to let the investigative team and. lou: what is going on? the statements tested department is not seem to know either way. president obama announced after that he has directed intelligence agencies to find out what happened. again, joining us now, fox news military analyst. let's turn first if we make to this confusing series of remarks by the state department in which they have one moment have a knowledge that they believe there is chemical weapons available to the president, he has used them and within moments the spokesperson saying that they don't know whether he has them and doubt that he does. even as the president says he is a signing that question to our intelligence
to attack obama care because they want to hurt america. >>> a freshman, watch this, sinking an amazing half-court shot. that's only half the story. the other half of the story may be better. we'll tell you what his future will look like at that school. "fox & friends" begins right now. >>> good sunday morning, everyone. welcome in to "fox & friends," tucker carlson anna kooiman, clayton morris. >> good morning. >> we want to congratulate a new sports network. >> fox 1. >> find that on the cable dial. congratulations to them. they are kicking off. we wish them well. next year there will be fox sports 2. they will be two years old. >> i see. he'll be here all week, all morning for the next four hours nim. we have a fox news alert to get to. egypt braces for another day of bloody protest after security forces storm a mosque in cairo. protesters and armed men barricaded themselves inside. hundreds died in bloody street battles this week including the son of the muslim brotherhood spiritual leader. this as the egyptian government considered out laug the brotherhood just a month after it held pow
this year, according to the household survey, and barely 170,000 full-time jobs. so what obama care and the weak economy have done is shift employment into bottom of the barrel low wage part-time employment so the claims are low because there are tons of part-time jobs out there -- >> the data point we got today that looked so good isn't so good. >> because the world has changed around us, thanks to the obama administration and other structural weaknesses. that's why walmart and macy's are showing such rotten results. the consumer's very weak even though we are seeing a lot of employment because it's extremely low grade employment. you can't have a consumer boom without macy's and walmart participating. you can't have a capital spending improvement without cisco improving. we still have an extremely weak economy, very poor revenues in the s & p, very weak profit growth and the likelihood -- >> why is the fed talking about taking their foot off the pedal? >> as greenspan said, you have to taper at some point, whether or not the economy is strong or not. you can't keep up this bond bu
. as it is revealed that the obama administration has quietly delayed another major provision of the federal health care overhaul. so quietly one might think the obama administration has been hiding that dey from the media and from the american people. the obama white house forgoing a mandatory cap on insunce company deductibles. the obam administration, as a result, will not putthe limit on the out-of-pocket st for individuals until they now say 2015. health and human services has given insurance providers the go-ahead to charge whatever they want. this was contained in a february department of labor regulatory report without comment likmuch of the heah care law, it has been dellyed by the president. listening to kathleen sebelius earlier today, you would've thought that the obamacare rollout is going smoothly that her department was simply flawless in execution. >> we are implementing the law. we call it the law. not a political discussion. it is really the law of the land. i think that it is our job to make sure that people are aware of what coming. aware of the benefits. lou: typically these a
. >> meanwhile the "san francisco chronicle" reports many people uninformed about obama care are falling prey to scams. the scams can take the form of e-mails or phone calls from people pretending to be representatives of the federal government and even solicitors going door to door trying to sign people up for fake medical cards or seeking personal information. what do you think about what's going to happen this fall? >> oh. it's hard to predict. obviously with respect to the budget showdown i don't think the president is going to budge. i don't see why he will or would because this his signature legislation. if they're saying delay the thing for a year i doubt that he would do that. but, you know, the weekly radio address was very interesting in part because we're at this point right now where there is a, you know, sabotaging going on of the plan or an attempt. the biggest move is to get people to burn their obama care cards as if they exist but encourage young people not to sign up, avoid the exchanges as a way to make sure the overall bill is sabotaged. this is a very critical juncture an
that is because president obama is pushing for a sir charge. good morning peter when you look at your cell phone bill as it is there are already all kinds of sir charges. what's this one about? >> this is about a new plan. the white house wants to put internet in 99 percent of the nation's school within five years for connect ed. the technology is there so why not. the administration wants you to pay for it. the money for this plan comes from jacking up every american's cell phone bill. >> probably on the order of $5 or less a year on cell phone numbers on an individual cell phone owner. >> this sir charge does not need congressional approval. although president obama does need a thumbings up from the fcc which is independent. >> the president twice said he directed the independent regulatory agency to spend this money and raise these taxes and that is simply not within his power to do>> there is one fcc commissioner to say the white house plan may have flaws. >> if the school wants to connect the money to all classrooms as opposed to a particular classroom with one gig bite we should be able to
constituencies are even worse when president obama won this sweeping electoral college victory in 2012. other republicans look at this map and say look at all this red in america, we kept our majority in the house, we have 30 governorships. some republicans argue it's not because the nominee was too conservative, they argue the nominee made the mistake of moving to the center. that's the debate in the party now. we do know in 2012 we know from the election the reason the president was able to win and win so convincingly, look at this. republicans lost the latino vote by 44 votes in 2012, lost the women vote by 11 points, lost the younger votes by 23 points. now there's new evidence among another key constituency the republicans are suffering. this is from polling from stan greenberg, a democrat but republicans don't dispute the elections. that group now over 65, their favorable opinion of the republicans party is only 28%, down 15 points from just a couple years ago. ask the elderly how are you going to vote in 2014, 46% say they'll vote republican. the republicans in 2010 had a 21-point adva
morning. >> reporter: the obama administration not only strongly condemning the violence but calling for restraint and calling for the interim government to respect the rights of the people there. josh earnest saying that the u.s. will continue to hold the egyptian government accountable for the promise they made to speed up the transition to a democratical democratically elected government. but what's missing in all of this is what then? we do know there have been a lot of conversations between u.s. egyptian officials. but still more than a billion dollars in aid continues to flow from the united states to egypt. the white house saying that that aid is under review. one other point is that the white house still will not call what happened in egypt a cue. officials saying it's been determined that it's not in the best interest of united states to do so. a lot of tough talk from the obama administration, but no concrete steps on what will happen next. in the meantime, the president continues on his vacation here on martha's vineyard. no word on whether we'll hear from him in the comin
to defund obama care. so ted cruz, he's a player. >> just ask him. >> no. listen, he's going to iowa and people are going -- >> people like him. people are excited about him. >> why? >> i think he taps into -- >> because he's a cade nade yan. >> the sinking sarah palin base, people that were excited about sarah palin, have now transferred to ted cruz. >> and michele bachmann. >> so that is a vibrant part of the republican party, love them or hate them, they look every two to four years for someone that will champion their animosity towards the large federal bureaucracy. >> it's resentment. >> animosity. >> resentment. but it's the sarah palin supporters, the herman cain supporters in a sense the donald trump supporters. you line them all up and that's -- and we have people going out there -- who knows. maybe cruz is going towards 2016 more powerful because instead of tripping over, you know, sarah palin and herman cain and michele bachmann and all these other people, maybe he has that space all to himself. >> but what -- >> and then there's rand paul the libertarian. >> which is so m
and obama care. cory booker took a major step toward becoming new jersey's next u.s. senator with a commanding victory in the state's democratic primary. with 98% reporting, booker won a clear majority with nearly 60% of new jersey democrats supporting the mayor from nuke. >> they say that i, they say that we are being naive. to them i say have you ever met us? do you know where i've been working for the last 17 years? do you know that -- do you know that this is newark, new jersey and we don't do naive? >> he'd do better if he was just holding a baby, doesn't you think? he faces republican steve lonigan who is gearing up for the october special election. >> americorpsy booker has an advantage. he's been anointed by hollywood. the hollywood elite have descended from their penthouse apartments in the belaire hotel, from the heights of the hollywood hills to come to new jersey to tell us who our next u.s. senator will be. >> moving on to awkward now. san diego mayor bob filner. >> our guy. >> yeah. >> how is he still mayor? >> incredible. >> i was going to put this in news you
, and the obama administration saying it is ready to act in syria if needed. secretary jack lew on squawk saying moments ago the president will not negotiate over the debt ceiling. >>> good news for tiffany, and luxury, in that it was boosted by sales in china. >>> and the end of the era, bill ackman is bailing on jcpenney, and they are looki in ing to ses shares. >> and we will look at the new home sales to be released. >>> treasury secretary jack lew telling our own john harwood that the president will not e negotiate over the debt limit which could be reached in mid-octob mid-october. take a listen. >> we won't be negotiating over the debt ceiling and congress has authorized funding and committed to expenditures and now the question is do we pay the bills that the united states has incurred. it is the only way for that to do is for congress the act and act quickly. what we need in the economy is certainlity, and we don't need a self-inflicted wound or crisis at the last minute. congress should come back, and they should act. >> jim, they say when it rains, it pours and government is part of t
, president obama returns from vacation and plans to sit down with the leading financial market regulators today. opinions from both sides of the aisle next. right now, 7 years of music is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together. pcentury link provides reliable yit services like multi-layered security solution to keep your information safe & secure. century link. your link with what's next. >>> welcome back to "squawk box." president obama will be sitting down with the leading financial market regulators today to discuss their progress or lack of progress in implementing dodd/frank. joining us to talk about it, tony frato and jerod bernstein. hi, guys. >> hi, andrew. >> before we even go there, i have a joe question for jerod. i don't know if you heard u
we're out there willy-nilly. >> reporter: that was president obama just days ago assuring the american public that the national security agency was not breaching the trust of its citizens. but a new report out today by "the washington post" may raise new concerns. after combing through the trove of documents leaked by former nsa analyst edward snowden "the post" reports the nsa has broken privacy rules thousands of times each year since 2008. "the post" says most of the incidents involved surveillance of americans and foreign intelligence targets on u.s. soil in ways that violate the program's rules. of those incidents, "the post" report most were unintended and many involved failures of due diligence or violations of standard operating procedure such as when an area code mixup caused the nsa to intercept a large number of calls from wrau washington, d.c., instead of egypt. the nsa response was quick. overnight the nsa released a statement, "nsa's foreign intelligence surveillance activities are continually audited and overseen internally and externally. when nsa makes a m
as great as it cleaned. that's why when it comes to clean, there's only one mr. >>> president obama canceled a face-to-face meeting with russian president vladimir putin over putin's position to grant asylum to nsa leaker edward snowden. my next guest said it's the right direction but can't undo five years the president spent remaking the image into one perceived around the globe as weak. fox news contributor linda chavez. thanks for joining us this morning. >> great to be with you. >> i think a lot of people voted for president obama in 2008 the first time with the sincere expectation his election would make america more popular around the globe. that hasn't happened. why? >> it hasn't happened. the president said he was going to remake america's image in the world. i think a lot of people thought because he did have a charismatic personality, certainly the president himself believes himself to be charismatic, he was going to be able to win more friends for america, that america would suddenly be beloved by all. what the president seems not to understand, what is most important in
: protesters storming, 525 people dead, 2000 injured. president obama says the violence needs to stop. let's go to the floor of the new york stock exchange and our very own nicole petallides. nicole: there is a lot going on here. the dow jones industrials down 195 points, which is a loss of one and a quarter percent. the mentality here on wall street is an interesting one. i almost said washington. these people turn to washington and try to see the federal reserve whether or not they would begin to taper the bond buying. we will get to some movers in a moment, couple of things, the 10-year, and gold just spiked moments ago up $26. keep an eye on gold. i wanted to take a look at walmart and cisco with two down components. cisco systems carbon 5% of their global workforce. back to you. ashley: thank you very much. lori: a reflection of the cpi, shows a little inflation in the system. let's talk about the data they lose. the latest reading on the fed installment is the and atlantic region slow down more than expected in august. the news isn't much better in the new york area. edging up 0.2% in lin
on now to major news, president obama making a statement moment ace go on egypt. he said the u.s. will cancel joint military exercises with egypt. to help us understand this, john harwood joins us live now from washington with more. john? >> kelly, it was a minimalist response by the president. you had some people including former advisers of his own saying that the united states should suspend or cut off military aid to the egyptian government. the president did not do that. he said that they were going to cancel those bright star military exercises scheduled for next month and continue to consult with his national security team on other steps. what he was trying to do was signal united states concern but not do anything to significantly weaken the relationship between the united states and the egyptian military. there will be more pressure if the violence continues. for now, this is all the president is doing. >> it's a dangerous position, though, john, that they find themselves in. on the one hand condemning the violence but on the other refusing to support the regime. i it'
is ripe to invest in europe instead. >> speaking of the fed, president obama meeting with big ben and others on the dodd-frank implementation, and picking the replacement looms high. all-star panel ahead. >> worry egyptian violence costs you at the gas pump. live in the middle east where the latest violence and talk to phil flynn at the cme with the impact on our oil prices. >> and, yes, there's an app for that. the latest craze, how you can find the nearest shop for the half cro cont-donut hybrid. we'll have that story, and it's time for stocks now, every 15 minutes. lauren? >> hi, dennis, hi, nicole. stocks anxious about higher rates today. the 10-year is 287, up five of the past six sessions and red arrows for the dow and s&p. the dow with the worst week of the year last week, and now down another 15 points, crunched the numbers, and throughout the level of 150 # 40 meaning close to going below the key 15,000 level. it is the out performer here, apple, facebook, cisco, up arrows on the nasdaq. volume, of course, is light. it is august. however, the number of declining stocks to
believe chemical weapons were used in the syrian battlefield. this the obama administration saying causing a shift in u.s. policy towards arming the rebels. the mission for the team is not to establish who used chemical weapons but rather if they were used at all. >>> to russia where two champion sprinters apparently make a big statement by exchanging a kiss on the victory podium. >> reporte >> reporter: was it a kiss or a protest. two female russian athletes sharing a lengthy embrace on the podium over the weekend raising concerns they could be prosecuting for promoting what russia calls nontraditional sexual relations. neither athlete has yet issued a statement on the matter. >> thank you so much. >>> and they are starting to mismantle a mountain top get away that is making up the penthouse suite of a high rise in beijing. >> reporter: i want to show you the great lengths that the media here is covering the story. they have taken a drone and flown it above this enormous structure in beijing. these amazing pictures of this pretty extraordinary structure built by a chinese tralsh medicine
been a little more skeptical. i think the long-term is more important to president obama. who is the best person to be there if we lapse back into an economical phone. hh does not want a big international crisis. we want the city growth at home. that is what he is worried about here. tracy: who is that person then? is a decision he will have to make. maybe he thinks that larry summers is the guy. we will have to wait and see, obviously. he is making sure that the larry tracy: i bet you cannot believe how much time we are putting into the discussion of the next fed chair. >> it is always a big decision. i remember when president reagan picked alan greenspan for this job. there was always a lot of attention around it. it is a big choice. what is unusual is you have a lot of people from the air outside. tracy: thank you, sir. ashley: do you think your e-mail is private? if you use google's gmail service, you should not think that. gerri willis joins us with details like the company is making that disclaimer now. gerri: anything in your e-mail is subject to scrutiny. i think this
the violence from escalating, which is why we had the statements from u.s. president barack obama, but the response from the egyptian government to what the president was saying has been a terse one. basically saying it is not based on fact, and it is actually encouraging armed groups. you imagine that kind of response from the egyptian presidency to what the u.s. presidency is saying. that shows you as well that there are a lot of tensions internationally as well about what is happening here on the ground. >> incredibly concerning situation. yousuf, please be careful and we will check back in with you later this morning. yousuf gamal el-din. >>> oil prices have been moving on the situation over in egypt. traders fear the unrest could filter over to crude producing nations or affect the suez canal which carries a large portion of the world's oil. analysts say worries the fed could soon trim the commodity friendly stimulus are curbing gains. >>> gold extending gains today hitting two-month highs. among the catalysts, strong buy from china and short recovering after the precious met
moved behind the scenes to quash the campaign and are insisting that obama not be pressured as he mulls to nominate. >> the president does not like people trashing those he is seriously considering for big jobs. he plainly likes larry summers. there has been a campaign against summers within the senate. you had a significant block of senate democrats who were signing their names to a letter, essentially endorsing yellen. democratic senators have publicly raised questions about whether larry summers would fit in that job. and the president doesn't like being hemmed in. we have seen this at his press conferences. saw it when he went to the hill and talked to democrats and defended pretty forcefully larry summers as somebody who had helped him a good bit, who has a lot to offer. he has been -- summers has been believed to be the front-runner for the job. don't know to what extent that is still the case. but the president doesn't like to be dictated in these sort of scolded his democratic colleagues. >> we have been looking at this, this opposition in the senate and other places that have b
that they've had a difficult time with their reputation for being obstinate as opposed to president obama. their reputation suffered in the 2011 debt crisis. they don't want to go through that again. so that's probably why we will avoid either a government shutdown or a debt default. >> we're back to reading some tea leaves definitely, john, ahead of those midterms. not too far away. thanks so much. our john harwood in washington. interesting point because it relates perfectly to the markets, to the economy, and to what the chairman says every time he's on the hill. >> he often blames congress and the fiscal drag for limiting growth right now in the economy, and what actually happens with the debt ceiling, what actually happens with the continuing resolution, we didn't think it would happen last time. you know, republicans, again, as john harwood just said, they don't want to go through it again, but it is still a significant risk to the economy and it's something the fed is considering as they decide when exactly to begin to pull back their stimulus. they don't want to have a situation w
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